Simple EAsFibonacci EA
$9.99 – $39.99
Unlock the power of automated trading with our cutting-edge Fibonacci EA (Expert Advisor for MetaTrader 4). Designed for traders of all levels, this EA leverages Fibonacci retracement levels to pinpoint precise entry and exit points, maximizing your trading efficiency. With customizable settings including lot size, take profit, stop loss, and adjustable Fibonacci thresholds, our EA is built to adapt to your trading strategy and risk management preferences. Enhance your Forex trading experience, reduce manual oversight, and increase potential profits with our reliable and intuitive Fibonacci Expert Advisor. Perfect for those seeking to optimize their trading with high-precision tools.
Trading Guidelines
☑️ Suitable instruments: Forex, Commodities, Indices, Stocks and Crypto
☑️ Suitable timeframes: Daily, 4 Hours, 1 Hours, 30 Minutes, 15 Minutes, 5 Minutes
Software Information
☑️ Unlimited Installations
☑️ Lifetime Licence
☑️ All currency pairs
Revolutionize your Forex trading strategy with our advanced Fibonacci EA (Expert Advisor for MetaTrader 4), meticulously crafted to boost your trading performance and maximize profitability. This innovative algorithm harnesses the power of Fibonacci retracement levels—a favored tool among professional traders—to identify dynamic entry and exit points with high precision.
Why Choose Our Fibonacci Expert Advisor?
- Precision Entry and Exit Points: By integrating Fibonacci retracement levels, our EA provides you with clear, statistically-backed entry and exit points. This means less guesswork and more strategic trading, allowing you to capitalize on natural market movements effectively and efficiently.
- Customizable Trading Parameters: Tailor your trading to fit your unique style and risk tolerance with adjustable settings for lot size, take profit, and stop loss. Whether you’re a conservative trader or an aggressive one, our EA can accommodate your needs, providing a flexible platform for your trading aspirations.
- Enhanced Risk Management: With built-in stop loss settings, our algorithm helps protect your capital from unexpected market movements. You can set precise risk parameters to ensure that even if the trades don’t go your way, your losses are controlled and manageable.
- User-Friendly Interface: Our Fibonacci EA comes with a straightforward, intuitive dashboard that makes setup and adjustments easy—even if you’re relatively new to using expert advisors. Spend less time figuring out your tools and more time trading.
- Robust Performance: Optimized for both novice and expert traders, our EA operates under a range of market conditions. It adapts to sudden changes in volatility or market sentiment, ensuring that your trading strategy remains robust no matter the market dynamics.
- Maximize Trading Efficiency: Automate the mundane and repetitive tasks of manual trading with our EA, allowing you to focus on refining your strategies and exploring new opportunities in the Forex market.
- 24/7 Trading: Don’t miss out on any opportunities. Our Fibonacci Expert Advisor works round the clock to monitor markets and execute trades at the right moment, ensuring you never miss out on profitable trades because of sleep or other commitments.
Who Can Benefit from Our Fibonacci EA?
- Day Traders and Scalpers: Take advantage of minute market fluctuations with precise entry and exit strategies tailored to short holding periods.
- Long-Term Investors: Implement a disciplined approach to entering and exiting trades over longer time horizons, reducing emotional trading decisions.
- Tech-Savvy Traders: Those with a penchant for technology and automation can leverage our advanced algorithms to enhance their trading portfolio’s effectiveness.
Embrace a smarter way to trade with our Fibonacci Expert Advisor for MetaTrader 4. Simplify your trading, reduce emotional decision-making, and see your profitability soar. Experience the future of trading with technology that’s designed with your success in mind. Secure your license today and transform the way you trade forever!
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LotSize: This parameter determines the size of each trade in lots. In forex trading, a lot represents a standardized quantity of the financial instrument being traded. A lot size of 0.1 typically refers to a mini lot, which is one-tenth the size of a standard lot.
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TakeProfitPips: Take profit is the price level at which the trade is automatically closed to secure a profit. TakeProfitPips specifies the distance in pips from the entry price at which the take profit level will be set. Pips represent the smallest price movement in the forex market. Here, TakeProfitPips is set to 500 pips.
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StopLossPips: Stop loss is the price level at which the trade is automatically closed to prevent further losses. StopLossPips specifies the distance in pips from the entry price at which the stop loss level will be set. It's a risk management tool used to limit losses on a trade. Here, StopLossPips is set to 500 pips.
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MaxTotalTrades: This parameter sets the maximum total number of open trades allowed at any given time. It helps control risk exposure by limiting the number of simultaneous trades. For example, setting it to 1 ensures that only one trade can be open at a time.
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FibonacciSupportLevel: This parameter represents an example Fibonacci level used for support. Fibonacci retracement levels are horizontal lines indicating potential support or resistance levels based on Fibonacci ratios. The value 0.618 corresponds to the Fibonacci ratio of 61.8%.
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FibonacciResistanceLevel: This parameter represents an example Fibonacci level used for resistance. Similar to FibonacciSupportLevel, it indicates a Fibonacci ratio for potential resistance levels. The value 0.382 corresponds to the Fibonacci ratio of 38.2%.
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TolerancePips: Tolerance in pips specifies a margin of error when determining if the current price is near the Fibonacci support or resistance levels. It allows for some flexibility in trade execution. Here, TolerancePips is set to 10 pips.
These parameters are used in conjunction with Fibonacci retracement levels to implement a trading strategy that identifies potential buying opportunities near Fibonacci support levels and selling opportunities near Fibonacci resistance levels. The strategy aims to capitalize on price movements that align with these key levels.
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LotSize: This parameter determines the size of each trade in lots. In forex trading, a lot represents a standardized quantity of the financial instrument being traded. A lot size of 0.1 typically refers to a mini lot, which is one-tenth the size of a standard lot.
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TakeProfitPips: Take profit is the price level at which the trade is automatically closed to secure a profit. TakeProfitPips specifies the distance in pips from the entry price at which the take profit level will be set. Pips represent the smallest price movement in the forex market. Here, TakeProfitPips is set to 500 pips.
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StopLossPips: Stop loss is the price level at which the trade is automatically closed to prevent further losses. StopLossPips specifies the distance in pips from the entry price at which the stop loss level will be set. It's a risk management tool used to limit losses on a trade. Here, StopLossPips is set to 500 pips.
- BreakEvenPips: The number of pips in profit at which the EA moves the stop loss to the entry price, effectively making the trade risk-free.
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MagicNumber: A unique identifier for trades handled by this EA. This ensures the EA only manages its own trades and doesn't interfere with other trades or EAs running on the same account.
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MaxTotalTrades: This parameter sets the maximum total number of open trades allowed at any given time. It helps control risk exposure by limiting the number of simultaneous trades. For example, setting it to 1 ensures that only one trade can be open at a time.
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FibonacciSupportLevel: This parameter represents an example Fibonacci level used for support. Fibonacci retracement levels are horizontal lines indicating potential support or resistance levels based on Fibonacci ratios. The value 0.618 corresponds to the Fibonacci ratio of 61.8%.
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FibonacciResistanceLevel: This parameter represents an example Fibonacci level used for resistance. Similar to FibonacciSupportLevel, it indicates a Fibonacci ratio for potential resistance levels. The value 0.382 corresponds to the Fibonacci ratio of 38.2%.
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TolerancePips: Tolerance in pips specifies a margin of error when determining if the current price is near the Fibonacci support or resistance levels. It allows for some flexibility in trade execution. Here, TolerancePips is set to 10 pips.
These parameters are used in conjunction with Fibonacci retracement levels to implement a trading strategy that identifies potential buying opportunities near Fibonacci support levels and selling opportunities near Fibonacci resistance levels. The strategy aims to capitalize on price movements that align with these key levels.
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LotSize: This parameter determines the size of each trade in lots. In forex trading, a lot represents a standardized quantity of the financial instrument being traded. A lot size of 0.1 typically refers to a mini lot, which is one-tenth the size of a standard lot.
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TakeProfitPips: Take profit is the price level at which the trade is automatically closed to secure a profit. TakeProfitPips specifies the distance in pips from the entry price at which the take profit level will be set. Pips represent the smallest price movement in the forex market. Here, TakeProfitPips is set to 500 pips.
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StopLossPips: Stop loss is the price level at which the trade is automatically closed to prevent further losses. StopLossPips specifies the distance in pips from the entry price at which the stop loss level will be set. It's a risk management tool used to limit losses on a trade. Here, StopLossPips is set to 500 pips.
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TraillingStart: This parameter sets the pip level at which a trailing stop loss begins. A trailing stop will activate when a trade is profitable by at least this many pips.
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TraillingStop: Once the trailing stop is activated, this parameter sets the distance from the current price to maintain the stop loss. It effectively locks in profits by adjusting the stop loss according to market movements.
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MagicNumber: A unique identifier for trades handled by this EA. This ensures the EA only manages its own trades and doesn't interfere with other trades or EAs running on the same account.
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MaxTotalTrades: This parameter sets the maximum total number of open trades allowed at any given time. It helps control risk exposure by limiting the number of simultaneous trades. For example, setting it to 1 ensures that only one trade can be open at a time.
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FibonacciSupportLevel: This parameter represents an example Fibonacci level used for support. Fibonacci retracement levels are horizontal lines indicating potential support or resistance levels based on Fibonacci ratios. The value 0.618 corresponds to the Fibonacci ratio of 61.8%.
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FibonacciResistanceLevel: This parameter represents an example Fibonacci level used for resistance. Similar to FibonacciSupportLevel, it indicates a Fibonacci ratio for potential resistance levels. The value 0.382 corresponds to the Fibonacci ratio of 38.2%.
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TolerancePips: Tolerance in pips specifies a margin of error when determining if the current price is near the Fibonacci support or resistance levels. It allows for some flexibility in trade execution. Here, TolerancePips is set to 10 pips.
These parameters are used in conjunction with Fibonacci retracement levels to implement a trading strategy that identifies potential buying opportunities near Fibonacci support levels and selling opportunities near Fibonacci resistance levels. The strategy aims to capitalize on price movements that align with these key levels.
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LotSize: This parameter determines the size of each trade in lots. In forex trading, a lot represents a standardized quantity of the financial instrument being traded. A lot size of 0.1 typically refers to a mini lot, which is one-tenth the size of a standard lot.
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TakeProfitPips: Take profit is the price level at which the trade is automatically closed to secure a profit. TakeProfitPips specifies the distance in pips from the entry price at which the take profit level will be set. Pips represent the smallest price movement in the forex market. Here, TakeProfitPips is set to 500 pips.
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StopLossPips: Stop loss is the price level at which the trade is automatically closed to prevent further losses. StopLossPips specifies the distance in pips from the entry price at which the stop loss level will be set. It's a risk management tool used to limit losses on a trade. Here, StopLossPips is set to 500 pips.
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TraillingStart: This parameter sets the pip level at which a trailing stop loss begins. A trailing stop will activate when a trade is profitable by at least this many pips.
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TraillingStop: Once the trailing stop is activated, this parameter sets the distance from the current price to maintain the stop loss. It effectively locks in profits by adjusting the stop loss according to market movements.
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MagicNumber: A unique identifier for trades handled by this EA. This ensures the EA only manages its own trades and doesn't interfere with other trades or EAs running on the same account.
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MaxTotalTrades: This parameter sets the maximum total number of open trades allowed at any given time. It helps control risk exposure by limiting the number of simultaneous trades. For example, setting it to 1 ensures that only one trade can be open at a time.
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ActivateMartingale: A boolean setting to activate or deactivate the Martingale strategy. When true, the Martingale strategy increases the lot size after a loss to potentially recover losses in future trades.
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MartingaleMultiplier: Used when the Martingale strategy is active; this multiplier increases the lot size of subsequent trades after a loss. Here, it's set at 2.0, meaning each subsequent lot size is doubled.
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MaxMartingaleTrades: Caps the number of times the Martingale multiplier can be applied. Set at 3, this limits the exponential increase in trade size and potential risk.
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FibonacciSupportLevel: This parameter represents an example Fibonacci level used for support. Fibonacci retracement levels are horizontal lines indicating potential support or resistance levels based on Fibonacci ratios. The value 0.618 corresponds to the Fibonacci ratio of 61.8%.
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FibonacciResistanceLevel: This parameter represents an example Fibonacci level used for resistance. Similar to FibonacciSupportLevel, it indicates a Fibonacci ratio for potential resistance levels. The value 0.382 corresponds to the Fibonacci ratio of 38.2%.
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TolerancePips: Tolerance in pips specifies a margin of error when determining if the current price is near the Fibonacci support or resistance levels. It allows for some flexibility in trade execution. Here, TolerancePips is set to 10 pips.
These parameters are used in conjunction with Fibonacci retracement levels to implement a trading strategy that identifies potential buying opportunities near Fibonacci support levels and selling opportunities near Fibonacci resistance levels. The strategy aims to capitalize on price movements that align with these key levels.
